T1 Leased Lines Run at a Speed of About ________

question 57

Multiple Choice

T1 leased lines run at a speed of about ________.

• A) 250 kbps
• B) 1 Mbps
• C) 10 Mbps
• D) 45 Mbps

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Definitions:

Elastic

Describes a situation in which the demand for a good or service significantly changes in response to changes in price.

Elastic

Describes a situation where the demand for a product or service significantly changes in response to a change in its price.

Price Elastic

Relating to the responsiveness of the demand or supply of a good or service to changes in its price.

Price Elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.